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Duplex at 6626 Pine Ave
$989,000
6626 Pine Ave
Bell Gardens, Los Angeles, 90201
Duplex · 2 units
Active · 0 days on market

Deal numbers

Est. cap rate
2.4%
Assumed rent, all units
$3,900/mo
Units
2
Price per unit
$494,500
Est. annual NOI
$23,400
Expense assumption
50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

5.0%
50%
25%
7.00%
Effective gross income
$44,460
Operating expenses
$22,230
Net operating income
$22,230
Annual debt service
$59,219
Annual cash flow
-$36,989
Cash on cash return
-15.0%
Down payment
$247,250

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type
Duplex
Bedrooms
2
Building size
2,574 sqft
Lot size
7,002 sqft
Year built
1961
Stories
1
Garage spaces
2
Heating
Wall Furnace
Cooling
None
Pool
None
Status
Active
Days on market
0
MLS #
249019925

About this property

Front House 3 Bedrooms 1 Bathroom Back House 3 Bedrooms 1 Bath - 2 Stories

Location

6626 Pine Ave

Bell Gardens, Los Angeles, CA, 90201

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

6626 Pine Ave, Bell Gardens CA | Multifamily for Sale